Incredible investment opportunity in the heart of bustling downtown Pawtucket! This vacant mixed-use building is ready for transformation and offers massive potential for investors and developers. Featuring two prime retail spaces and eight additional residential units above, the property is ideal for a revitalization project in a high-traffic area. Located in a thriving commercial corridor with excellent visibility, foot traffic, and access to public transportation, shops, and restaurants. Construction can begin immediately bring your vision and complete this project to unlock strong rental income and long-term value. With a solid footprint and desirable layout, this building is a rare chance to create a dynamic mixed-use destination in one of Rhode Island's most up-and-coming downtown districts. Don't miss out on this exciting opportunity to invest in growth and community revitalization!
216 Main Street, Pawtucket, RI, 02860
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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